When a Central Bank Becomes a Ponzi Scheme |
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In this video we go over the recent economic troubles in Lebanon and why the World Bank recently called the country a ponzi scheme. They are now facing 50% unemployment, 80% poverty, and hyperinflation. Check out our new podcast on Spotify: https://open.spotify.com/show/4UZL13dUPYW1s4XtvHcEwt?si=08579cc0424d4999&nd=1 0:00 - 1:58 Intro 1:59 - 3:02 moomoo 3:03 - 3:57 Lebanon's economy 3:58 - 5:13 Syria civil war 5:14 - 5:38 Currency valuation 5:39 - 8:38 Ponzi scheme 8:39 - 10:36 Financial collapse 10:37 - 11:48 Beirut explosion 11:49 - 12:30 Poverty 12:31 - 13:40 Bank robberies 13:41 - 15:32 Central bank governor 15:33 Failed state Sign up to our daily newsletter for free: https://wallstreetmillennial.com/newsletter Email us: Wallstreetmillennial@gmail.com Support us on Patreon: https://www.patreon.com/WallStreetMillennial?fan_landing=true All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please send me an email, wallstreetmillennial.com, and we can sort it out. #Wallstreetmillennial #lebanon #moomootrading –––––––––––––––––––––––––––––– Buddha by Kontekst https://soundcloud.com/kontekstmusic Creative Commons — Attribution-ShareAlike 3.0 Unported — CC BY-SA 3.0 Free Download / Stream: http://bit.ly/2Pe7mBN Music promoted by Audio Library https://youtu.be/b6jK2t3lcRs –––––––––––––––––––––––––––––– |